#NasdaqETFUpdate

📈 Nasdaq ETF (QQQ) — Market Snapshot: June 11, 2025

Current Price & Momentum

The Invesco QQQ (tracks Nasdaq‑100) currently trades around $534.21, ticking up modestly today

Recent Performance & Fund Flows

Year-to-date, QQQ is firmly in the green: about +15–16 % YTD, with a ~9 % return over the past month .

Investor enthusiasm has translated to strong inflows: QQQ ranked among the “5 Most‑Loved ETFs” last week, bringing in fresh capital alongside top bond ETFs

A report also flagged large inflows into QQQ as of June 10

Key Drivers Behind the Rally

Tech sector strength – Nasdaq input was boosted by solid earnings and AI-led optimism spurring a rebound; the Composite index has returned to positive territory for the first time since February

Economic tailwinds – Better-than-expected jobs data in May (e.g., 139k job additions, unemployment steady at 4.2%) eased recession concerns, lifting markets broadly

Trade optimism – Recent easing in global trade tensions, including de-escalation in tariffs, has reduced geopolitical concerns

Long-Term Context

QQQ has a track record of outperformance, having beaten the S&P 500 in 7 of the last 10 years

Since inception (1999), QQQ has achieved cumulative outperformance of over 379%, while maintaining a 0.20% expense ratio, and currently carries a coveted 5-star Morningstar rating

Some contrarian analysts caution about bubble-like dynamics in tech and AI sectors. Steven Kaplan, for instance, warns QQQ could drop near the 300 level (40–50 % downside) if selling pressure intensifies.

However, such bearish forecasts face skepticism given recent inflows and strong macro fundamentals